During the period January-June 1996, the average prime rate for loans was 21.76%. According to the report “Average Financial Indexes of the Commercial Banks”, made by the Asociación de Bancos Comerciales de la República Dominicana (ABCRD), the average prime rate for loans in January was 22.49%, in February 22.03%, in March 21.53%, in April 21.31%, in May 21.56%, and in June, 21.64%.